The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Nestled in the prestigious Bayview Village neighbourhood, 28 Tally Lane is a luxurious two-storey detached estate offering 4772 sq ft with 5 bedrooms and 7 bathrooms, sitting on an expansive 57' x 269' deep private ravine lot. This rare home combines grand architectural design, premium finishes, extensive upgrades, and unmatched privacy, defining upscale family living in North York's most exclusive enclave. A stunning two-storey grand foyer features a custom domed ceiling, creating soaring height and dramatic volume, delivering a regal first impression that sets the luxury tone for the entire residence. Hardwood flooring runs throughout the main and upper levels, complemented by three elegant fireplaces that add warmth and character to multiple living zones. The main floor hosts formal living and dining rooms for upscale entertaining, alongside a bright family room with large windows overlooking the lush ravine. The gourmet kitchen is equipped with gas cooking and ample cabinetry, ideal for daily life and refined hosting. The fully finished walk-up basement offers versatile living space for recreation, home gym, lounge or multi-generational living, featuring a private sauna for spa-style relaxation. Parking is abundant: a spacious 3-car tandem garage paired with an expansive driveway accommodating up to 5 additional vehicles, and with no sidewalk along the front, the property offers extra private parking and enhanced curb appeal. The home's most coveted feature is its private backyard sanctuary, backing directly onto mature treed ravine lands. A large elevated deck serves as an ideal outdoor entertaining area, offering city privacy nearly impossible to replicate. Conveniently located steps to Bayview Village Shopping Centre, top-ranked schools, nature trails and major highway access. This one-of-a-kind domed-entry ravine luxury estate with tandem parking, ample driveway and private sauna is a true gem in Bayview Village. Private showings are highly recommended.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$16,365/mo
Mortgage (principal + interest)$14,515
Property taxFrom listing: $22,198/yr$1,850
Minimum 20% ($776,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$776,000
Ontario land transfer taxProvincial brackets, no first-time refund$83,475
Toronto land transfer taxMunicipal brackets, no first-time refund$100,195
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$962,470
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
